Home » Hot off the Press » Obama in Feb.: Without Stimulus Bill, “Unemployment will approach double digits.”
Here’s what President Obama wrote when pushing the economic stimulus bill in a February Washington Post op-ed titled, “The Action Americans Need”:
And if nothing is done, this recession might linger for years. Our economy will lose 5 million more jobs. Unemployment will approach double digits.
Good thing we passed that stimulus bill and staved off double-digit unemployment. Er, scratch that.
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